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Supreme Court Dismisses Appeal in Insolvency Case Over Creditor Status and Resolution Plan Approval. Statutory Authority's Claim as Financial or Secured Creditor Rejected Due to Lack of Diligent Action During Corporate Insolvency Resolution Process Under Insolvency and Bankruptcy Code, 2016.

The dispute arose from the Corporate Insolvency Resolution Process (CIRP) of M/s. JNC Construction (P) Ltd, the Corporate Debtor. The appellant, a sta...

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Bombay High Court Quashes Auction Sale in Co-operative Bank Recovery for Non-Compliance with Rule 107 of Maharashtra Co-operative Societies Rules, 1961. Sale Set Aside Due to Failure to Follow Mandatory Procedure and Lack of Proper Notice to Borrower.

The petitioner, M/s. Puran Automobiles, a partnership firm, had taken a loan from the respondent Janta Sahakari Bank Ltd. The Bank obtained a certific...

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Bombay High Court Allows Appeal Against Order Directing Inquiry in Decided Inventory Proceeding. Third Party's Remedy Lies in Independent Proceedings, Not by Reopening Finalized Inventory.

The appellant, Shri Devidas Painguincar, appealed against an order dated 6/01/2003 passed by the Comarca Judge of Salcete and Quepem at Margao in Inve...

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Bombay High Court Dismisses Employer's Petition Challenging Labour Court Award of Reinstatement with Back Wages. Termination of workman without compliance with Section 25F of Industrial Disputes Act, 1947 held illegal, and reinstatement with full back wages upheld.

The petitioner, M/s. Carona Ltd., challenged the judgment and order of the Labour Court, Mumbai, dated 30th September 2016, in Reference (IDA) No. 156...

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High Court of Karnataka Dismisses Appeal Against BBMP Order in Property Khatha Dispute — Upholds Single Judge's Refusal to Interfere with Joint Commissioner's Order Directing Restoration of Khatha Based on Earlier Civil Court Decree.

The appellants, Sri N. Venkatesh and Smt. D. Vijayalakshmi, filed a writ appeal against the order dated 03.06.2019 passed by the learned Single Judge ...

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Bombay High Court Quashes Charity Commissioner's Order Allowing Intervention in Trust's Section 36 Application. Right to be Heard Under Maharashtra Public Trust Act, 1951 Limited to Persons with Direct Interest in Trust Property.

The petitioner, Shree Khambhati Modh Vanik Samaj, is a public charitable trust registered under the Maharashtra Public Trust Act, 1950. It owns a prop...